Many elements of the so-called Chilean model were widely emulated in the region.
J. Bauer provides a balanced critique of the Chilean model with both positive attributes and areas where the model has not worked so well.
From a different angle, a paper published by the Institute of Economic Affairs showed that the Chilean model had indeed some shortcomings.
The Chilean model for the electricity market was very innovative in its time and has served as a model for several Latin American countries.
Several times Cain has referenced the Chilean model of redoing social security.
Still, the international response to the Chilean model has been bullish.
Everyone who followed the debate about privatizing Social Security back in 2005 has vivid memories of the Chilean model.
But the Chilean model probably will not travel as well as enthusiasts suggest - at least not to the United States.
He supports the Chilean model for younger citizens while retaining the current system for current beneficiaries.
Pamela Soprani (born 1987) is a chilean model and a beauty pageant contestant.